Does the current macro environment support continued USD weakness?

[ed]

Not entirely. Several indicators suggest the dollar could rebound:

Treasury markets are pricing in fewer Fed cuts.

US economic growth is slowing.

Dollar funding markets are tightening.

Analysts warn that even minor shifts in sentiment could trigger a short-term dollar recovery, limiting the downside for the USD.

[The_Walking_Dead]

Smart money is already positioning for USD strength.

[Revenant]

Hedge funds sniff trends before retail does.

[Capybara_Capybara]

Tighter funding = risk assets on alert

[Nahid Hossen]

Unless major policy shifts happen, dollar weakness may continue.